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Published on 3/5/2014 in the Prospect News Structured Products Daily.

New Issue: UBS prices $1.74 million trigger PLUS linked to WisdomTree Japan Hedged

By Susanna Moon

Chicago, March 5 - UBS AG, London Branch priced $1.74 million of 0% Performance Leveraged Upside Securities due Sept. 1, 2016 linked to WisdomTree Japan Hedged Equity fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum return of 33.6%.

If the fund falls by up to the 90% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

UBS Securities LLC is the underwriter.

Issuer:UBS AG, London Branch
Issue:Trigger Performance Leveraged Upside Securities
Underlying fund:WisdomTree Japan Hedged Equity fund
Amount:$1,474,000
Maturity:Sept. 1, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any fund gain, capped at 33.6%; if fund falls by up 10%, par; otherwise, full exposure to any losses
Initial level:$47.71
Trigger level:90% of initial level
Pricing date:Feb. 28
Settlement date:March 4
Agent:UBS Securities LLC
Fees:2.25%
Cusip:90271T711

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